Riverview Dispensary License (1 of 6) and 0.5Acre Lot For Sale
Sibley & Fort St., Riverview, Michigan 48193
$899,000
Status: For Sale
Sale Price: $899,000
Building Sq Ft: 0 sq. ft.
Lot Size: 0.5 acres
Location: Riverview, MI
Use: Retail
Opportunity Description
Take a look at this rare opportunity to purchase a high-trafficked corner lot and dispensary license in Riverview Michigan. Only 6 licenses were awarded in the city of Riverview, making it one of the least saturated cannabis markets in Wayne County. Not only does this purchase come with a recreational dispensary license, it comes with a half acre lot, on a hard corner of two very busy streets (over 30,000 AADT), and it's also situated in a busy strip mall with immense parking overflow opportunities. The site (blue square) will need a complete ground up buildout.
The seller's strong preference is for a cash sale, however, for the right purchaser, and the right terms the seller may be willing to carry up to 50% of the purchase price on a seller's note.
Investment Highlights
1 of 6 Licenses Awarded in Riverview
0.5 Acre Vacant Lot Included
Over 30,000 Average Daily Traffic Count
Massive Parking Capabilities
Multiple Curb Cuts For Traffic Flow
$899,000.00 W/ Potential Seller Financing